NEW YORK - Shorting the Facebook IPO on its first day of trading is not for the faint of heart, but some traders are trying. As the hottest initial public offering in recent memory, Facebook has drawn 1990s-style tech-mania interest from mom and pop ...

The T-50, developed under the PAK FA program (Future Aviation System for Tactical Air Force) at the Sukhoi experimental design bureau, is Russia's first new major warplane designed since the fall of the Soviet Union.

“The work on the fifth-generation fighter is going according to schedule,” Zelin, a former Air Force commander, told a news conference in Voronezh (central Russia). “The third prototype has joined the testing program and the fourth is being built.”

The T-50 made its maiden flight in January 2010 and three prototypes have since been undergoing flight tests.

Zelin earlier said that the number of T-50 aircraft involved in testing would be increased to 14 by 2015.

The fighter was first shown to the public in August 2011, in Zhukovsky near Moscow, at the MAKS-2011 air show.

It has been decided to equip current fighter models with available thrust-vectoring engines. The first batch of upgraded fighters will be handed over to the Air Force by late 2020. It is also planned that all new T-50 fighters will have become operational by then.

“When a plane powered by a regular engine is taken to a wide angle of attack at low speeds, it loses control and stability and starts moving independently of the pilot’s commands, i.e. the plane moves randomly. The Su-35 has perfect controllability at any speed, even at negative speeds, for instance, when the plane drops tail-forward. The pilot can effectively put the plane in any angular position,” Sergei Bogdan, a Su-35 and T-50 test pilot, explained to Izvestiya.

The world’s first thrust-vectoring engine appeared in the export version of the Su-30 meant for India. The first contract for the delivery of such planes was signed more than 10 years ago. India currently operates 150 Su-30 aircrafts and plans to contract the delivery of another 100 machines. Furthermore, Russia supplies Su-30 models powered by these engines to Malaysia and Algeria.

Related Review

The maiden flight of the T-50 / Project 701 / PAK FA, the first Russian fifth-generation fighter jet was completed successfully on Friday morning, 29 January 2010 at Komsomol'sk-na-Amur. This event is signfincant for several reasons.

The PAK FA is generally similar in appearance to the American F-22, though there are so many differences in detail that it is clearly an original design rather than a knock-off copy. A direct comparison with the F-22 is probably not meaningful on an unclassified basis, but Russian marketers will probably sell it as roughly equivalent in combat potential. While the F-35 is also a fifth generation stealth fighter, the low observable characteristics of this attack aircraft are said to be markedly inferior to the all-around stealth of the F-22 air supremacy fighter.

As of January 2010 a total production run of at least 150-200 aircraft for the Russian Air Force and 200 aircraft for the Indian Air Force was envisioned. If these production objectives are met, the United States might wind up with the world's third largest fleet of stealth fighters, after India and Russia.

In June 2001, India was offered 'joint development and production' of this new 5th generation fighter by Russia. Russia had been trying to sell this concept both to China and India for some time. It seems probable that China declined to participate in this project given a belief that Russia stood to gain more from Chinese participation than did China. That is, it would seem that China had determined that it could produce a superior product without Russian help. With the first flight of the Russian stealth fighter in 2010, an arguably superior Chinese steath fighter might be expected to take to the skies not too long thereafter.

The prospect that a country like Iran might buy even a few dozen PAK FA aircraft from Russia may well awaken interest in the F-22 in Israel, if not Saudi Arabia. The emergence of a Chinese counterpart stealth fighter may also re-awaken Japanese interest in the F-22. Production of large numbers of PAK FA by India would place Pakistan in a rather difficult position, unless it purchased similar numbers of stealth fighters from China.